November 11, 2022
Southern Africa: African Development Fund Invests Over $6 Million to Develop the Pharmaceutical Sector in Southern and Eastern Africa
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, on 2 November 2022 in Abidjan, approved a $6.63 million… Read more »
October 26, 2022
East Africa: Launch of East Africa Regional Economic Outlook 2022
What: Launch of East Africa Regional Economic Outlook 2022 Read more »
October 22, 2022
Burundi: Burundi - $23 Million From the African Development Bank Group to Develop the Agro-Pastoral Sector for the Youth and Women
The Board of Directors of the African Development Bank Group has greenlighted the award of a $23.26 million grant to Burundi to implement the Agro-Pastoral Entrepreneurship and… Read more »
October 21, 2022
Comoros: Comoros - African Development Bank Provides Nearly €6 Million to Boost Food Production
The Board of Directors of the African Development Bank Group has approved a €5.76 million grant to the Comoros to increase food production and enhance the resilience of its… Read more »
October 10, 2022
East Africa: Delivering Desert to Power in the Horn of Africa - Enhancing Regional Power Trade in Djibouti, Eritrea and Ethiopia
What: The 6thAfrica Energy Market Place (AEMP) Read more »
Africa: Mauritius Ready to Host 2022 African Economic Conference - Finance Minister Padayachy
The island nation of Mauritius is set to host the 2022 African Economic Conference (AEC) from 9-11 December, its Minister of Finance, Economic Planning and Development, Dr.… Read more »
October 06, 2022
Rwanda: How Rwanda Is Using Artificial Intelligence to Improve Healthcare
Drug stock-outs and shortage of medical equipment in health facilities in Rwanda are becoming a thing of the past, thanks to an innovation that is addressing procurement… Read more »
September 27, 2022
Madagascar: Madagascar - Notice to Small and Medium-Sized Enterprises of Second Call for Applications for the "Business Linkage Program"rer
It has been three years since the African Development Bank launched a programme in Madagascar to support the growth of small and medium-sized enterprises in the country. Read more »
September 13, 2022
Africa: Madagascar - Yields Increase for Youth Enterprises, Thanks to an African Development Fund Project
Launched in 2016, the Young Rural Enterprises Project in the Central West of Madagascar has helped improve agricultural yields. Yields of rice and maize doubled, according to a… Read more »
September 02, 2022
Madagascar: In the Southwest of Madagascar, New Roads Mean Easier Access to Health Services
The year is 2018. Sitting in her office in the southwest of Madagascar, Razay Zanabaindrano recounts a tragic incident that resulted from poor roads in her hometown. Read more »
August 25, 2022
Africa: Burundi - Rasme Computer Tool Enables Remote Monitoring and Evaluation of African Development Bank Projects
From 7 to 10 June 2022, the African Development Bank organized a training in Bujumbura, Burundi on the use of an IT solution for the preparation, supervision, monitoring and… Read more »
August 17, 2022
Uganda: New Digital Data Collection Tool, Rasme, Will Help Uganda Address Project Delays
A new digital platform will accelerate data collection in Uganda, which could greatly speed up project implementation. Read more »
August 02, 2022
Africa: Investing in the Youth Is Key to Africa's Digital Transformation and Financial Inclusion - African Development Bank East Africa Director General
The youth will drive Africa's digital economy; hence the need to invest in their skills development to accelerate innovations and growth on the continent, African Development Bank… Read more »
July 28, 2022
Tanzania: African Development Bank and African Guarantee Fund Launch Afawa Finance Series in Collaboration With Tanzania Bankers' Association
The African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) initiative kicked off the first AFAWA Finance Series in collaboration with the African… Read more »
East Africa: East Africa Heads of State Officially Launch the Arusha Bypass Road
On 22 July 2022, Heads of State of the East Africa Community (EAC) launched the Arusha Bypass Road, during the EAC Heads of State summit, which took place in Arusha, Tanzania. The… Read more »
Africa: African Development Bank and African Guarantee Fund Sign $110 Million Agreement With Tanzania's Crdb Bank to Boost Access to Finance By Women's SMEs
The African Development Bank today signed a $60 million financial package comprising $50 million subordinated debt to support CRDB Bank's regional expansion efforts and a senior… Read more »
July 27, 2022
Ethiopia: Ethiopia - African Development Fund Approves $4.3 Million Grant to Fund Capacity Building, Boost Economic Resilience
The Board of Directors of the African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia's finance ministry and related government… Read more »
July 26, 2022
East Africa: Nepad-Infrastructure Project Preparation Facility and Comesa Secretariat Launch Market Analysis for the Africa Cloud Ecosystem Project
The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be… Read more »
July 19, 2022
Burundi: Burundi - The Government and the African Development Bank Pleased With Project Implementation
African Development Bank Group projects in Burundi are producing good results overall. A discussion took place in Bujumbura on 27-30 June 2022 between the Burundian government and… Read more »
July 20, 2022
Somalia: Somalia - African Development Fund Approves $5.4 Million Grant to Build Food Security, As Millions Face Crisis
The Board of Directors of the African Development Fund has approved a $5.4 million grant to support the building of urgently needed food security in Somalia. Read more »
July 18, 2022
Zambia: African Development Bank Grants $1.4 Million to Export Trading Group to Strengthen Entrepreneurship Skills of Women-Owned & Led Businesses in Mozambique, Tanzania and Zambia
The Board of Directors of the African Development Bank Group has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned… Read more »
July 15, 2022
Tanzania: African Development Bank Group Approves $73.5 Million to Boost Food Production in Tanzania
The Board of Directors of the African Development Bank Group today approved $73.5 million to finance a program that will boost Tanzania's food production by a million tonnes in… Read more »
Kenya: Kenya - African Development Bank Approves $150 Million for Nairobi-Nakuru-Mau Summit Highway Project
The Board of Directors of the African Development Bank Group today approved financing of $150 million to Kenya to support a major highway development project under the government's… Read more »
Africa: South Sudan - African Development Bank Grants $8.1 Million to Support Food Production
The Board of Directors of the African Development Bank Group today approved a grant of $8.1 million to South Sudan to fund its Emergency Food Production Programme. Read more »
Rwanda: Rwanda Joins African Development Bank-Supported Remote Data Collection Initiative
Rwanda has embraced the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative, a tool that enhances project-related data collection in remote areas. It is the… Read more »